Some of the biggest names in fashion e-commerce, including Farfetch and MatchesFashion, have imploded. What does that mean for fashion brands, investors and customers?
Category: Consumer Behavior
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Has the Luxury E-Commerce Bubble Burst?
After implosions by Farfetch and MatchesFashion — and with other blowouts possible — the future for online fashion retailers looks uncertain.
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A Birkin Bag Is Hard to Buy
But fans of the famed Hermès accessory say that the exclusivity is the whole point.
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Crafts Retailer Joann Files for Bankruptcy
After pandemic-era boom in sales, Joann has been dealing with a pullback in consumer spending on at-home projects. The retailer will become a private company owned by a group of its creditors.
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Strategic Financial Solutions, Facing Fraud Charges, Is Blocked From Operating
Strategic Financial Solutions is accused of fraud in a lawsuit by federal and state prosecutors.
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Brighter Economic Mood Isn’t Translating Into Support for Biden
Voters feel slightly better about the economy as inflation recedes, but partisan divides remain deep, a Times/Siena poll found.
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A Key Inflation Measure Moderated in January
The Federal Reserve’s preferred inflation measure continued to cool on an annual basis, even as a key monthly gauge nudged higher.
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Levi’s Wants You to Rethink Your Denim Shopping
Under a new chief executive, the brand known for jeans is aiming to be a full outfitter, working primarily through its own stores and e-commerce.
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Will Food Prices Stop Rising Quickly? Many Companies Say Yes.
Food companies are talking about smaller price increases this year, good news for grocery shoppers, restaurant diners and the White House.
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Walmart Reports Rising Holiday Sales as Shoppers Seek Value
The number of transactions at the retail giant rose 4.3 percent but the average ticket price decreased by 0.3 percent, a sign that shoppers spent a little less during shopping trips.
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He Grew Up in the Shadow of the ‘Wolf of Wall Street.’ Then He Got Into Debt Settlement.
Ryan Sasson built a business that reaped hundreds of millions of dollars in fees for helping people negotiate down their debts. But former clients — and prosecutors — say it was exploitative.